Earnings call Shoprite boasts strong performance and expansion plans By Investing.com - Investing.com Australia
SRHGFDelisted Stock | USD 16.33 0.00 0.00% |
Roughly 55% of Shoprite Holdings' investor base is interested to short. The analysis of overall sentiment of trading Shoprite Holdings Limited pink sheet suggests that many investors are impartial at this time. The current market sentiment, together with Shoprite Holdings' historical and current headlines, can help investors time the market. In addition, many technical investors use Shoprite Holdings stock news signals to limit their universe of possible portfolio assets.
Shoprite Holdings pink sheet news, alerts, and headlines are usually related to its technical, predictive, social, and fundamental indicators. It can reflect on the current distribution of Shoprite daily returns and investor perception about the current price of Shoprite Holdings Limited as well as its diversification or hedging effects on your existing portfolios.
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Earnings call Shoprite boasts strong performance and expansion plans By Investing.com Investing.com Australia
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Shoprite Holdings Fundamental Analysis
We analyze Shoprite Holdings' financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Shoprite Holdings using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Shoprite Holdings based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Z Score
Z Score Comparative Analysis
Z-Score is a simple linear, multi-factor model that measures the financial health and economic stability of a company. The score is used to predict the probability of a firm going into bankruptcy within next 24 months or two fiscal years from the day stated on the accounting statements used to calculate it. The model uses five fundamental business ratios that are weighted according to algorithm of Professor Edward Altman who developed it in the late 1960s at New York University..
Shoprite Holdings Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Shoprite Holdings pink sheet to make a market-neutral strategy. Peer analysis of Shoprite Holdings could also be used in its relative valuation, which is a method of valuing Shoprite Holdings by comparing valuation metrics with similar companies.
Peers
Shoprite Holdings Related Equities
EDTK | Skillful Craftsman | 6.59 | ||||
PSO | Pearson PLC | 0.70 | ||||
HGMCF | Harmony Gold | 0.00 | ||||
DJCO | Daily Journal | 0.14 | ||||
RELX | Relx PLC | 0.68 | ||||
IIIN | Insteel Industries | 1.39 | ||||
VINS | Vindicator Silver | 20.00 |
Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
Other Consideration for investing in Shoprite Pink Sheet
If you are still planning to invest in Shoprite Holdings check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Shoprite Holdings' history and understand the potential risks before investing.
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